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Martius Consulting: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

Martius Consulting

BE 0804.099.415
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€11,373
2024 · €9,624+€1,749
Equity
€30,010
2024 · €18,637+€11,373
Cash
€31,453
2024 · €17,915+€13,538
Balance sheet total
€39,652
2024 · €26,818+€12,834

Largest movements

2024 to 2025
Assets
  • Cash +€13,538

    up €13,538 (+75.6%), from €17,915 to €31,453

    mainly Net result for the year (+€11,373) and Tax, wage and social debts (+€3,139)

  • Receivables within one year -€1,669

    down €1,669 (-18.8%), from €8,903 to €7,234

    of which Trade receivables: -€1,732

  • Tangible fixed assets +€965

    new in 2025: €965

Equity and liabilities
  • Reserves +€11,373

    up €11,373 (+83.4%), from €13,637 to €25,010

  • Tax, wage and social debts +€3,139

    up €3,139 (+53.0%), from €5,919 to €9,058

  • Trade debts -€1,540

    down €1,540 (-72.5%), from €2,123 to €584

Income statement
  • Gross operating margin +€2,728

    up €2,728 (+20.3%), from €13,444 to €16,172

  • Taxes +€503

    up €503 (+13.4%), from €3,768 to €4,271

  • Depreciation +€400

    new in 2025: €400

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €9,624
Gross operating margin +€2,728
Depreciation -€400
Financial income -€5
Financial charges -€70
Taxes -€503
Result 2025 €11,373

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€14,903
Investment -€1,365
Financing €0
Cash 2024 €17,915
Net result for the year +€11,373
Depreciation +€400
Receivables within one year +€1,669
Trade debts -€1,540
Tax, wage and social debts +€3,139
Advances received -€139
Investment in fixed assets (net) -€1,365
Cash 2025 €31,453
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €26,818 €39,652 +€12,834 +47.9%
Fixed assets 21/28 - €965 +€965
Tangible fixed assets 22/27 - €965 +€965
Furniture and vehicles 24 - €965 +€965
Current assets 29/58 €26,818 €38,687 +€11,869 +44.3%
Amounts receivable within one year 40/41 €8,903 €7,234 -€1,669 -18.8%
Trade receivables 40 €7,782 €6,050 -€1,732 -22.3%
Other amounts receivable 41 €1,121 €1,184 +€62 +5.6%
Cash at bank and in hand 54/58 €17,915 €31,453 +€13,538 +75.6%
Total equity and liabilities 10/49 €26,818 €39,652 +€12,834 +47.9%
Equity 10/15 €18,637 €30,010 +€11,373 +61.0%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €13,637 €25,010 +€11,373 +83.4%
Distributable reserves 133 €13,637 €25,010 +€11,373 +83.4%
Amounts payable 17/49 €8,181 €9,641 +€1,460 +17.9%
Amounts payable within one year 42/48 €8,181 €9,641 +€1,460 +17.9%
Trade debts 44 €2,123 €584 -€1,540 -72.5%
Suppliers 440/4 €2,123 €584 -€1,540 -72.5%
Advances received on contracts in progress 46 €139 - -€139
Taxes, remuneration and social security 45 €5,919 €9,058 +€3,139 +53.0%
Taxes 450/3 €5,919 €9,058 +€3,139 +53.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €400 +€400
Gross operating margin 9900 €13,444 €16,172 +€2,728 +20.3%
Operating profit (loss) 9901 €13,444 €15,772 +€2,328 +17.3%
Financial income 75/76B €68 €62 -€5 -7.8%
Recurring financial income 75 €68 €62 -€5 -7.8%
Financial charges 65/66B €120 €190 +€70 +58.7%
Recurring financial charges 65 €120 €190 +€70 +58.7%
Profit (loss) for the period before taxes 9903 €13,392 €15,644 +€2,252 +16.8%
Income taxes 67/77 €3,768 €4,271 +€503 +13.4%
Profit (loss) for the period 9904 €9,624 €11,373 +€1,749 +18.2%
Profit (loss) for the period to be appropriated 9905 €9,624 €11,373 +€1,749 +18.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.